Latest Stories

Tango LNG loads first commercial cargo

14 November 2019

Argentina’s national oil company (NOC) YPF has loaded its first commercial cargo of LNG from Tango, a floating gas liquefaction facility.

Grain LNG considers expansion as open season continues

14 November 2019

An open season to gauge interest in capacity at the UK’s Grain LNG facility started earlier this month, as the terminal prepares for the expiry of current contracts.

AfDB abandons coal in Africa

13 November 2019

The AfDB will not fund Kenya's Lamu coal project, but Beijing is unlikely to walk away from coal as a key tool of its investment strategy in Africa

JXTG unlikely to invest in Aramco IPO

13 November 2019

Japan’s largest refiner has cast some serious doubt over whether Saudi Aramco’s long-awaited initial public offering (IPO) will able to attract Japanese investment.

Uganda tests tertiary recovery methods for Lake Albert oilfields

13 November 2019

The Petroleum Authority of Uganda (PAU) has launched a pilot programme that involves using tertiary recovery methods to increase yields at crude oil deposits.

Comet seeks environmental approval for Queensland block

13 November 2019

Australia junior Comet Ridge has begun work to secure environmental authority (EA) for a coal-bed methane block in Queensland, the company said on November 12.

Strike claims one of Australia’s largest onshore gas finds

13 November 2019

Australian independent Strike Energy has said its block in the Perth Basin could hold one of the country’s largest ever conventional onshore gas discoveries.

Permian flaring reaches new high

13 November 2019

The flaring and venting of natural gas has reached a new all-time high in the Permian Basin, where it is a by-product of drilling for oil.

PTT’s Q3 profit shrinks 33%

13 November 2019

Thailand’s state-owned PTT saw its third-quarter net profit decline by 33% year on year to THB20.25bn ($669.7mn) on the back of weaker downstream and international trading performances.

Occidental reportedly seeking to sell Anadarko’s Wyoming, Colorado assets

13 November 2019

Occidental Petroleum is reportedly soliciting bids for oil and gas assets in Wyoming and Colorado that it acquired through its takeover of Anadarko Petroleum.

Indonesia extends Corridor PSC by 20 years

13 November 2019

The Indonesian government has extended the production-sharing contract (PSC) for the Corridor Block in South Sumatra Province by 20 years until 2043.